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Listed by Cressy & Everett - South Bend
$925,000
Est. payment /mo
5 Baths
0.9 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202613094
HOA Y/N No
Year Built 1988
Annual Tax Amount $4,600
Tax Year 2026
Lot Size 0.900 Acres
Acres 0.9
Lot Dimensions 251 X 156
Property Sub-Type Retail
Property Description
This well-maintained commercial property offers a versatile investment opportunity featuring seven retail/office units plus a spacious warehouse currently operating as a fitness training facility. The warehouse space has a proven track record of adaptability, previously housing an HVAC company, making it suitable for a variety of commercial or industrial uses. The property has been consistently updated and carefully maintained, with major improvements including a new roof (2014), updated HVAC systems (2014–2018), and a complete parking lot tear-off and replacement (2012). Windows were replaced in phases, with half completed in 2018 and the remaining in early 2025. All units are clean, updated, and tenant-ready. Operational expenses are well-documented, providing transparency for investors. The property is serviced by well and septic (both original), with septic pumped annually and the well recently tested and approved during refinancing. The property also includes a prepaid connection for future city water and sewer hookup through St. Joseph County, offering long-term flexibility and added value. The parking lot is lighted for your convenience. With strong infrastructure, multiple income streams, and a history of consistent upkeep, this property is ideal for investors seeking a stable, income-producing asset with upside potential. Unit 51541 is currently broken into 3 suites with suite C being 2 rooms. Unit 51537 has a large area along with a storage room, break room and a private office. Units 51535 - 51541 have access to 2 bathrooms. Unit 51533 is currently used as a nail/lash/hair business. It has private rooms along with a general area and private bathroom. Unit 51529 is a massage business. This unit has a waiting area, private bath, laundry and 4 private rooms.
Location
State IN
County St. Joseph County
Rooms
Basement None
Interior
Heating Gas, Forced Air
Inclusions Building, Land
Fireplace N
Exterior
Parking Features Gravel, Parking Lot, Paved
Waterfront Description None
View Y/N true
Building
Sewer Private Sewer, Septic
Water Private, Well
New Construction No
Others
Pets Allowed No
Tax ID 71-05-18-326-006.000-011
Acceptable Financing IRM202613094
Listing Terms IRM202613094
Special Listing Condition None
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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